Fwiw I agree that SpaceX is generally completely detached from reality and I am as-close-as-I-can-be to sure that Elon is doing some heavy manipulation behind the scenes, but this has changed recently as lockups expired. IIRC the current float is ~30%, compared to it's initial IPO when it was comically low at ~4-5%.
30% is much higher than 4-5%, but it's still much lower than most public companies (~80%)
30% is much higher than 4-5%, but it's still much lower than most public companies (~80%)